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Nancy 王悦 · 2020年08月27日

问一道题:NO.PZ2018062007000097 [ CFA I ]

问题如下:

Which of the following statements best represents information discovery in the futures market?

选项:

A.

The futures price is predictive.

B.

Information flows more slowly into the futures market than into the spot market.

C.

The futures market reveals the price that the holder of the asset can take to avoid uncertainty.

解释:

C is correct.

The futures market reveals the price that the holder of an asset could take and avoid the risk of uncertainty.

A is incorrect because although the futures price is sometimes thought of as predictive, it provides only a little more information than does a spot price and is not really a forecast of the futures spot price.

B is incorrect because by virtue of the fact that the futures market requires less capital, information can flow into the futures market before it gets into the spot market.

老师,不太明白这道题
1 个答案

xiaowan_品职助教 · 2020年08月27日

嗨,努力学习的PZer你好:


同学你好,

这道题考关于期货市场 information discovery的内容,考点都在我贴的这页课件

这道题是我们经典题10.3题,对应视频Advantage and Disadvantage 1.5倍速 12:12附近,老师有详细讲解,同学也可以听一下


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努力的时光都是限量版,加油!